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Albertsons price target lowered to $22 from $24 at UBS

UBS analyst Mark Carden lowered the firm’s price target on Albertsons (ACI) to $22 from $24 and keeps a Neutral rating on the shares. The company’s Q4 results largely hit expectations, but its guidance suggests it needs to invest deeper in the business in fiscal 2025 than initially anticipated, the analyst tells investors in a research note.

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